You will need to be pre-approved to be able to meet an agent to submit offers on homes of your choice. You will need to gather documentation such as one month paystubs, two month bank statements, last two year tax returns, 1040's, 1099's, W2's and all schedules, copies of drivers license/ID and social security card for each applicant.
Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and how much you want to invest into the down payment and closing costs. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.
You may qualify FHA from fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down. You may consider a 3%-5% Sapphire Grant down payment program up to 417k from a minimum 620 fico score which does not have to be repaid.
You only have to be 18 years of age and you may qualify FHA with NO FICO scores as well with alternative credit such as utilities, car insurance, day care, furniture payment, cell phone, rent, etc.
If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve you can be emailed listings to fit your search criteria. Your email address is needed to set you up for the automatic daily updates.
It only takes a few dozen questions to qualify, go over your options and email you listings to study and consider. Here are some links to study about me as well as web reference links to many loan programs...
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA or CalVet loan specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
24+ Years Experience
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7
Under640FicoScoreLoans@gmail.com or HomeLoans4U@live.com
I am not sure what you are asking. What do you ant them to help you with? The cost of repairs? If the house is too much for you to take on, I suggest you find a different house, not a different agent. I hope that you are not expecting the agent to pay for some of these repairs. Buying this house is your choice and any repairs or improvements are your responsibility.... more
Allida if you want to change your agent, you can. Did you sign a contract with them? Did the contract state that you would only buy from that agent. If you didn't then you have all the right to change your agent and find one that knows what they are doing. If you need to ask me any questions please feel free to call me 323.359.7992 or e-mail me firstname.lastname@example.org
Hello Sandra. Legally you can not remove items from the home if they are considered fixtures. Now you mention that you are going to replace them, legally the property is yours until the bank takes it back, so if you wanted to replace them its up to you.
But I agree with the previous entry, you should at least try to short sale the property or work something out with the bank. If you have any questions please let me know.
Humberto I gave you statistical info., but not a clear answer to your question. In my opinion and experience, YES Wilmington, like many other cities & communities, is in the middle of a declining market. But realistically, when you look at a 10 or 20yr timeline, you can see values are just going back to normal or where they would have been anyway if values had not skyrocketed back in 2004-05... more